Press Release

Jefferies Names Rohit Bansal as Head of Distressed and Special Situations Trading

NEW YORK, April 2, 2012 - Jefferies announced today the appointment of Rohit Bansal as a Managing Director and Head of Distressed and Special Situations Trading in its Fixed Income Department.

Richard B. Handler, Chairman and Chief Executive Officer of Jefferies, commented, “We are very pleased to welcome Rohit to Jefferies. His experience, relationships and acumen will provide strong leadership to our distressed and special situations sales and trading platform, which has long been an important and fundamental business for our firm.”

Jefferies’ broader Fixed Income business has nearly 525 professionals globally who are focused on the research, sales and trading of leveraged loans and bonds, investment grade corporate bonds, distressed securities, government and agency securities, repo finance, mortgage- and asset-backed securities, municipal bonds and emerging markets debt.

Mr. Bansal joins the firm from Citigroup, where he spent four years and was a Managing Director and Head of Distressed Debt Trading. Previously, he worked in Distressed Debt Trading at Goldman Sachs. He received a BA from Columbia University.

Jefferies Group, Inc. (NYSE: JEF) is the global investment banking firm focused on serving clients for nearly 50 years. The firm is a leader in providing insight, expertise and execution to investors, companies and governments, and provides a full range of investment banking, sales, trading, research and strategy across the spectrum of equities, fixed income and commodities, as well as offers select asset and wealth management strategies, in the U.S., Europe and Asia.